Forced pooling, also known as compulsory pooling or statutory pooling, is a legal mechanism that allows oil and gas companies to force...
In an eye opening move for the energy sector, Houston-based Crescent Energy Co. has announced a merger with its local rival, SilverBow...
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Oklahoma Attorney General Gentner Drummond recently announced the termination of the legal team hired by State Treasurer Todd Russ to defend a...
by Bloomberg| Bloomberg News, via RigZone.com | Russian April exports of crude and petroleum products dropped to levels last seen in late...
ExxonMobil (NYSE:XOM) recently completed its $60 billion acquisition of Pioneer Natural Resources. This strategic move significantly enhances ExxonMobil’s footprint in the oil-rich...
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Oil and gas companies have added to the so-called fracklog for the second consecutive month, signaling a potential slowdown in U.S. shale...
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In a significant development that has captured the attention of international observers, Russia has reportedly discovered vast oil and gas reserves within...
U.S. energy firms this month cut the most oil and natural gas operating since August, even as the rig count remained unchanged this week, energy services firm Baker Hughes said in its closely followed report on Friday.
The total oil and gas rig count, an early indicator of future output, held steady at 600 in the week to May 31, 96 rigs, or 14%, below this time last year.
Oil rigs fell by one to 496, while gas rigs rose by one to 100.
In May, the total number of oil and gas rigs fell for the third month in a row, dropping by 13, the most in a month since August.
The number of oil rigs active in May fell by 10, its first monthly decline since January and the biggest monthly cut since September.
The number of gas rigs operating in May declined by five, the first time it has fallen in three months since July 2020.
By Lucia Kassai and Devika Krishna Kumar |Bloomberg)– Oil storage tanks at a key US...
When Cindy Taff was a vice president at Shell in Houston, she often worked...
By World Oil | The Bureau of Safety and Environmental Enforcement (BSEE) has activated its...
Chevron’s $53 billion acquisition of Hess Corporation has caught the attention of the Federal...
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U.S. shale oil and gas executives are increasingly shifting toward electric rigs and fracking...
The Dallas Fed conducts the Dallas Fed Energy Survey quarterly to obtain a timely...
Story by Tsvetana Paraskova for Oilprice.com: The slump in U.S. natural gas prices in...
Diamondback Energy, Kinetik Holdings, and EPIC Midstream have announced a series of transactions designed...
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In a recent interview with Bloomberg, Wil Vanloh, CEO of Quantum Energy Partners, shared...
Helium is the second most abundant element in the universe after hydrogen. It is a...
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